ECO4 is the latest version of the Energy Company Obligation (ECO), a UK government-supported program that has been in operation since 2013.
This initiative offers qualifying private tenants and homeowners, who are on specific means-tested benefits, the opportunity to have their inefficient heating systems replaced completely free of charge!
Unlike the previous versions of the scheme, ECO4 is targeted towards ensuring that the least energy-efficient homes are upgraded to meet minimum efficiency standards. The program’s primary focus will be on upgrading properties with Energy Performance Certificate (EPC) ratings of E-G, to achieve at least a rating of D, in line with the ECO4 mission statement.
The good news is that the grant amounts available for qualifying homes have significantly improved. In fact, we have been able to oversee projects where individual homes have received total upgrades worth over £30,000, leading to savings of up to 70% on annual energy bills!